Thursday, August 19, 2021

Coronavirus Info for Students, Borrowers, and Parents

 

Just Announced: Student Loan Payments to Restart After Jan. 31, 2022

On Aug. 6, 2021, the U.S. Department of Education announced a final extension of the student loan payment pause until Jan. 31, 2022.

The pause includes the following relief measures for eligible loans:

a suspension of loan payments a 0% interest rate stopped collections on defaulted loans Alert: Don’t accept unexpected offers of financial aid or help (such as a “pandemic grant” or “Biden loan forgiveness”) without checking with your school to see if the offer is legit.
For more information, follow this link  https://studentaid.gov/announcements-events/coronavirus

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